The bicycle industry may not be as sexy as social media or biotechnology, but Patrick Keating believes it offers plenty of opportunity for investors. Keating, an American financier who lives in France, founded what he hopes will be the ...
Tags: bicycle industry, bicycle, cycling industry
British insurer Legal & General has agreed to purchase a 46.5% equity stake in CALA Group (CALA), from Lloyds Banking, in a deal valued at nearly 210m. Based on the term of the agreement, the underwriter will acquire the stake as an equal ...
Tags: insurer Legal, Legal&General, CALA Group
On Monday, Lisle, Illinois-based SunCoke Energy and India-based VISA Steel Limited announced the official launch of their cokemaking joint venture in India. The new joint venture will be called VISA SunCoke Limited. SunCoke Energy holds a ...
Tags: Suncoke Energy, Visa Steel, Mineral
South African junior thermal coal miner Continental Coal announced Monday that diversified mining investment and production company Village Main Reef has agreed to acquire a 19.9% interest in the miner through a A$8 million ($8.3 million) ...
Tags: Metallurgy, Mineral, Energy, Chemicals
The UK's BG Group is holding "secret talks" on the possible development of the Gaza-Marine offshore gas field, Israeli economic daily Globes reported Thursday. A spokesman for BG told Platts the company does not speculate about "what we ...
Tags: offshore gas field, offshore gas, gas
Luxembourg-based global steelmaker ArcelorMittal has announced that it has completed the first part of its sale of a 15 percent share in its wholly-owned subsidiary ArcelorMittal Mines Canada (AMMC) to a consortium led by the South Korean ...
Tags: Arcelormittal, Metallurgy, Mineral
Burgeoning markets in developing countries are favouring simpler hardware providers like Nokia over more high-end producers like Apple. While Apple's dominance in western markets is set to be tested today (14 March) by the launch of ...
Tags: Apple products, Apple, hardware
Italy's Eni may be looking at developing further joint projects with China's National Petroleum Corp after the offshore Mozambique deal signed Thursday, Eni's CEO Paolo Scaroni said. Speaking to journalists after the presentation of Eni's ...
Tags: CNPC, Africa Projects, Chemicals
Reportedly, Tata Steel has injected CAD 30 million to acquire half the interest in Labrador Iron Mines Howse deposit in Canada estimated iron ore reserves of 28 million tonthrough its subsidiary TATA Steel Minerals Canada. This is ...
Tags: Tata Steel, Steel, Mine
Austrian steelmaker voestalpine has announced that its special steel division is continuing to strengthen its international presence by acquiring a majority stake in the Düsseldorf-based Eifeler Group as well as two companies in China, ...
Tags: special steel, steelmaker, steel
In spite of the difficult market conditions prevailing in the first three months of 2012/13 (1 November 2012 - 31 January 2013), GERRY WEBER International AG boosted its Group sales revenues from EUR 165.1 million in the same period of the ...
Tags: Gerry Weber, Apparel, company news
Australian mining giant Rio Tinto remains committed to its $10 billion Simandou iron ore projects located in Guinea, West Africa, despite the slowdown in progress regarding development of the project, according to media reports. The ...
Tags: iron ore project, iron ore, mining
Japanese steelmaker Kobe Steel, Ltd has announced that its Chinese steel wire processing joint venture, Kobelco Spring Wire (Foshan) Co., Ltd (KSW), located in Foshan, Guangdong Province, has started operations. Kobe Steel owns a 50 percent ...
Tags: Steel Wire, Steel, steelmaker
Fever-Tree, a UK-based producer of tonic water and mixer brands, has sold its 49% stake to private equity group Lloyds Development Capital (LDC) for £48m to drive growth in countries all across the world with emphasis on Spain, the UK ...
Tags: Fever Tree trades, Fever Tree, stake
Suntech Power Holdings, a China-based solar module giant, said on March 11, 2013, that it has signed a forbearance agreement with the holders of more than 60% of the firm's 3% convertible notes. The forbearance agreement between Suntech and ...
Tags: Suntech, Lighting, solar module